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Friday, April 16, 2021
Initial claims slowly start moving lower
When the COVID-19 pandemic rapidly descended on the U.S. economy in the winter of 2020, one of the first economic data points that captured the sheer scale of the looming disaster was weekly initial jobless claims.
For the week ending March 21, 2020, initial claims skyrocketed to record-breaking levels as lockdowns roiled the jobs…
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